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Selecta presents first bitcoin-compatible Smart Fridges

Selecta, the European leader in FoodTech, introduces the first food vending machines that enable payments with crypto currencies, through an integration with Solana Pay. This functionality and flexibility provides even more convenience and freedom of choice in terms of payment options. The Smart Fridges are being presented for the first time during Solana Breakpoint, taking place this year from Oct. 30 to Nov. 3 at the Taets Art & Event Park in Zaandam. The event brings together the...

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Web3 Startup IYK Raised $16.8M in Recent Funding Round Led by A16z

The core concept of IYK revolves around the integration of NFC (near-field communication) chips into merchandise and apparel. Besides, the platform is also popular among musicians and artists. IYK, a Web3 startup whose clientele includes Adidas, Billionaire Boys Club, and Atlantic Records, has successfully raised over $16.8 million in a seed round. Founder Ryan Ouyang announced this milestone on his official X (formerly Twitter) account, emphasizing that a16z Crypto, also known as...

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Samsung to Work with Bank of Korea for Offline CBDC Payment Using NFC

Samsung and BOK will continue to explore new ways of developing a CBDC ecosystem and leverage the NFC technology to power offline CBDC payments. The latest development in the crypto space is that South Korean tech giant Samsung Electronics has decided to work with the central bank – Bank of Korea – in order to build an ecosystem for the offline payments of the central bank digital currency (CBDC). Both players have signed a memorandum of understanding (MoU) at Samsung’s headquarters in...

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